The nation’s lowest-scoring borrowers — those with credit scores under 660 — are getting new credit cards at such an increasing rate that they are approaching pre-crisis levels.
It’s been nearly seven years since the foreclosure crisis peaked in 2010, and that means many former homeowners who lost their homes could be re-entering the housing market.
The survey found that 73 percent of those who checked their credit score seven or more times in a year said that this regular vigilance had a positive impact.
The “older the better” saying seems to apply to new mortgage applicants as Millennials have the lowest credit scores when compared with older cohorts.
John Oliver took aim at the three major U.S. credit bureaus for their historical propensity for errors about consumers’ borrowing habits or other personal data.
Complaints involving “fees” increased the most quarter-to-quarter, jumping by 25.23 percent during the first three months of 2016.
The average household with credit card balances now owes $7,879, a surging trend indicating that consumers are reverting to pre-recession debt levels of more than five years ago.
Have you ever wondered about your neighbors’ credit scores? Or the median for your state? Wonder no more. Median credit scores by state range anywhere from 655 (fair) to 745…
One in 20 respondents to a new survey admitted having, or once having, a checking or savings account or credit card without telling their spouse or significant other.
One-third of Americans (32 percent) are dissatisfied with their credit score, while 28 percent lack confidence that their current score can help them accomplish their goals.